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observationist 19 hours ago

I mean, asking for $500 in gold every paycheck would be kinda cool, or getting gold coinage each pay cycle on a rolling basis, as many coins as your repeated $500 contributions buy.

It'd be friction against spending, a little bit of investing, in the case of gold, but friction against spending with crypto only makes sense if you don't lose a lot on moving it into a real bank account.

ceejayoz 19 hours ago | parent [-]

You can do this, today, if you want, via an IRA or some 401(k)s.

inkcapmushroom 19 hours ago | parent [-]

Yeah but my 401(k) tax statement paperwork doesn't make me feel like a pirate.

bandrami 4 hours ago | parent | next [-]

If you want actual physical custody of gold you'll be paying a lot more than the alleged spot price; what you buy on the metals market is a certificate against gold held by a clearinghouse (which certificates are significantly oversold relative to their reserves, a topic goldbugs will do anything to avoid talking about).

defrost 4 hours ago | parent [-]

Perth Mint runs click and collect for bullion bars (say 10 ounce) against the AU market spot price.

It costs more as I'd have to drive 250 km round trip to pick it up (or pay extra for transport).

* https://www.perthmint.com/shop/bullion/cast-bars/

cheonn638 12 hours ago | parent | prev [-]

> Yeah but my 401(k) tax statement paperwork doesn't make me feel like a pirate.

solo 401(k) is for you